Breaking: CBOE Not Adding New Bitcoin Futures Contract This Month

The CBOE announced it will not be adding any new Bitcoin futures contracts to its exchange this month. The last one expires in June. Image from Shutterstock.

The Chicago Board Options Exchange announced today that it will not be adding any new Bitcoin futures of any kind this month. They went out of their way to announce as much, likely to tamp down the rowdy crypto press, who have a tendency to latch onto stories and run with them.

CFE is not adding a Cboe Bitcoin (USD) (“XBT”) futures contractfor trading in March 2019.CFE is assessing its approach with respect to how it plans to continue to offer digital asset derivatives for trading. While it considers its next steps, CFE does not currently intend to list additional XBT futures contracts for trading. Currently listed XBT futures contracts remain available for trading.

New contracts were added in many other categories, including Volatility Index futures. Funny, it seems a Bitcoin ETF would fit in nicely there. Except it doesn’t exist, and won’t for an indeterminate amount of time. Index funds are more popular anyway, according to Investopedia.